Question: right answer please The most recent financial statements for Nuesca Holidays Inc, follow. Sales for 2018 are projected to grow by 25%. Interest expense will




right answer please
The most recent financial statements for Nuesca Holidays Inc, follow. Sales for 2018 are projected to grow by 25%. Interest expense will remain constant; the tax rate and the dividend payout rate will also remain constant. Costs, other expenses, current assets, and accounts payable Increase spontaneously with sales. The firm is operating at full capacity and no new debt or equity is issued. 5 Nuesca Holidays Inc. 2017 Statement of Comprehensive Income Sales Costs Other expenses Earnings before interest and taxes Interest paid Taxable income Taxes (30%) Net income Dividends $27, 300 Addition to retained earnings 63,700 $752,000 587,000 23,000 $142,000 12,000 $180,000 39,000 $ 91,000 Assets Current assets Cash Accounts receivable Inventory Total Nuesca Holidays Inc. Statement of Financial Position as of December 31, 2017 Liabilities and Owners' Equity Current liabilities $ 26,200 Accounts payable 41,600 Notes payable 87,800 Total $155,600 Long-term debt owners' equity Common stock and paid in surplus $340,000 Retained earnings Total $495,600 Total liabilities and owners' equity $ 68,900 17,900 $ 86,800 $135,000 Fixed assets Net plant and equipment $121,000 152,800 $273,800 $495,600 Total assets Saved Fixed assets Net plant and equipment $340,000 Common stock and paid-in surplus Retained earnings Total Total liabilities and owners' equity Total assets $121,000 152,800 $273,800 $495,600 $495,600 Complete the pro forma statement of comprehensive income below. (Input all amounts as positive values. Omit $ sign in your response.) Nuesca Holidays Inc. Pro Forma Statement of Comprehensive Income 25 % Sales Growth $ Sales Costs Other expenses EBIT $ Interest Taxable income Taxes (30%) $ Net income $ Dividends Add. to RE $ GA Complete the pro forma statement of financial position below. Assets Current assets Cash Nuesca Holidays Inc. Pro Forma Statement of Financial Position Liabilities and Owners' Equity Current liabilities $ Accounts payable $ Prey HA DO The most recent financial statements for Nuesca Holidays Inc, follow. Sales for 2018 are projected to grow by 25%. Interest expense will remain constant: the tax rate and the dividend payout rate will also remain constant. Costs, other expenses, current assets, and accounts payable increase spontaneously with sales. The firm is operating at all capacity and no new debt or equity is issued 5 Nuesca Holidays Inc. 2017 Statement of Comprehensive Income Sales Costs other expenses Earnings before interest and taxes Interest paid Taxable income Taxes (30%) Net income Dividends 427,300 Addition to retained earnings 63,700 $752,000 517.000 23,000 $142,000 12,000 $130,000 39,000 91,000 Asselt Current assets Accounts receivable Inventory Total Nuesca Holidays Inc. Statement of Financial Position as of December 31, 2017 Liabilities and owners' Equity Current liabilities 26,200 Arecounts payable 41,600 Notes payable 87,800 Total 1155,600 Long term debe Owners' equity Common stock and paid in surplus 1140,000 Retained earnings Total Total liabilities and owners' equity $ 68.900 17.900 $ 86,300 $115.000 Tixed assets Net plant and equipment $120.000 152.800 $271.800 %-195.600 Total assets Prov 1 of 30 H Naxt > Complete the pro forma statement of financial position below. Assets $ Current assets Cash Accounts receivable Inventory Total $ Nuesca Holidays Inc. Pro Forma Statement of Financial Position Liabilities and Owners' Equity Current liabilities $ Accounts payable $ Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus $ Retained earnings Total AAA A $ $ MA $ $ Fixed assets Net plant and equipment All $ $ Total assets $ Total liabilities and owners' equity $ Calculate the EFN for 25% growth rates. 25% $ EFN
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